Who Does Disability Insurance Cover?
.JPG)
63333 POINTSview profilePeggy MaceMost of the U.S.Disability Insurance covers those who earn an income, or paycheck. Disability Insurance pays the insured person a monthly benefit if the insured person is unable to work due to an illness or injury. Some policies even pay the Insured a partial benefit if unable to return to work full time, or unable to produce as much as before becoming ill or injured.Answered on September 16, 2013flag this answer
2180 POINTSview profileKelly MoserSocial Media Strategist, Disability Insurance Services, CaliforniaDisability insurance, commonly referred to as "Paycheck Protection," covers exactly that--your paycheck! Should the insured person become sick or disabled from an illness or injury, it will pay the insured a percentage of their income. Depending on the type of policy you purchase, it could pay up until age 65 (assuming you don't go back to work). And some types of occupational definitions will allow you to go back to a different type of work, and the policy will still pay benefits to age 65.Answered on September 16, 2013flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
